Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Up 42.6% in February

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 65,300 shares, an increase of 42.6% from the January 31st total of 45,800 shares. Based on an average trading volume of 248,300 shares, the short-interest ratio is currently 0.3 days.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Down 0.5 %

Voya Global Equity Dividend and Premium Opportunity Fund stock traded down $0.03 during trading hours on Tuesday, hitting $5.53. The stock had a trading volume of 305,348 shares, compared to its average volume of 246,799. The company has a 50-day moving average of $5.46 and a two-hundred day moving average of $5.52. Voya Global Equity Dividend and Premium Opportunity Fund has a fifty-two week low of $4.95 and a fifty-two week high of $5.70.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a $0.05 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.60 annualized dividend and a yield of 10.86%.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Large investors have recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter worth approximately $55,000. PFG Investments LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter worth approximately $60,000. GWN Securities Inc. acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter worth approximately $72,000. Client 1ST Advisory Group LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter worth approximately $89,000. Finally, Independent Advisor Alliance acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter worth approximately $105,000.

About Voya Global Equity Dividend and Premium Opportunity Fund

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.